Page 25 - Tata Group

Tata Group considering buying Walt Disney's minority stake in TV Platform

The companies are in preliminary talks about an acquisition of Disney's significant minority stake, which would value Tata Play at about $1 billion or more, the people said

Maha govt new owner of iconic Air India building, pays Rs 1,601 cr

The Maharashtra government has become the owner of iconic Air India building with the Union government approving transfer of the asset on Thursday. The Maharashtra government bought the Air India building at Nariman Point in Mumbai for Rs 1,601 crore. "GoI has approved transfer of Air India building, Mumbai of AI Assets Holding Company Ltd (AIAHL) to Government of Maharashtra (GoM) at consideration of Rs.1601 cr. GoM has agreed to waive dues of Rs. 298.42 cr, which would have been otherwise payable by AIAHL to GoM for this transaction," DIPAM Secretary Tuhin Kanta Pandey said in a post on X. AIAHL, a Government of India company under administrative control of Ministry of Civil Aviation, was set up in 2019 for holding non-core assets and debt of Air India. The non-core assets of Air India, including land and building, valued at Rs 14,718 crore was transferred to AIAHL after it was set up by the government as a precursor to the sale of Air India for holding the debt and non-core ass

Tata Electronics bets big on Singapore-based semiconductor co Silicon Box

Silicon Box specialises in chiplet technology which is considered an advance over traditional chip making

Will create 72,000 jobs through semiconductor plants: Chandrasekaran

The Tata group chairman said that the company's Assam plant will lead to a lot of prosperity and jobs in the state

Tata's chip plants to serve all sectors, generate 72k jobs: Chandrasekaran

Tata Electronics plants will gradually serve all sectors in a phased manner by supplying chips and generate around 72,000 jobs over the years, Tata Sons Chairman N Chandrasekaran said here. While speaking on the sidelines of the groundbreaking ceremony of Tata Electronics' Rs 91,000 crore chip manufacturing plant and Rs 27,000 crore chip assembly facility in Assam, Chandrasekaran said there will be the expansion of projects but only after the company cross the early milestones. He said Tata Electronics chips will cater to the requirements of various sectors, including automotive, power, electronics, consumer, and medical, among others. "There is a whole range of sectors, which have a need for chips in this sector. Obviously, we can't produce all form factors on Day 1. It will happen in stages, but we will be serving all sectors," Chandrasekaran said. Tata's chip plant is capable of producing wafers in 28 nanometers (nm) to 110 nanometer nodes, the chairman noted. High-tech gadget

First chip from Dholera plant will be out in December 2026, says Vaishnaw

The first set of semiconductors will start rolling out from Tata Electronics' plant here in December 2026, union minister for communications and IT Ashwini Vaishnaw said on Wednesday. Speaking at the ground-breaking ceremony of Tata Group and CG Power chip plants, Vaishnaw said India will be among the top five chip ecosystems in the world by 2029. "The first chip from Dholera plant will be out in December 2026 and chip from Micron plant will be out by December 2024," the minister said. He said Tata's Dholera plant will make chips in 28, 50, 55 nanometer node. Prime Minister Narendra Modi on Wednesday laid the foundation of three chip plants -- two units by Tata Electronics and the third by CG Power -- entailing total investment of Rs 1.26 lakh crore. The three plants include the country's first high-tech chip manufacturing plant of Tata Electronics which the company is setting up in partnership with Taiwan's Powerchip Semiconductor Manufacturing Corp at Dholera's special industria

PM Modi lays foundation for semiconductor projects worth Rs 1.25 trillion

The 3 semiconductor projects include the Semiconductor Fabrication Facility at the DSIR in Gujarat, the OSAT facility in Morigaon, Assam, and another OSAT facility in Sanand, Gujarat

Vishal Mega Mart planning $1 bn IPO valuing supermarket chain at $5 bn

The retailer has 560 stores, mainly in smaller cities, that sell clothes and grocery items. It competes with Indian tycoon Mukesh Ambani's Reliance, Tata Group's Trent

Tata Group stocks fall amid IPO uncertainty, m-cap plunged by Rs 27,385 cr

Tata Investment Corporation and Artson Engineering fell 5 per cent each

Tata Grp shares slip up to 12% amid report of Tata Sons trying to avoid IPO

However, Trent rallied 5 per cent to hit a record high of Rs 4,162.40, while Tata Consultancy Services (TCS) was up 1 per cent on the BSE

Will Tata Group shares halt their one-way rally? Check details here

Stocks to Watch on Monday, March 11: As per multiple news reports, Tata Sons is mulling restructuring its balance sheet to get an exemption from the RBI from getting listed on the stock exchanges

New business to steer gains for Tata Consumer Products in growth aisle

Punchy valuations threaten to limit stock gains

Tata Sons' net debt burden at eight-year low as cash reserves swell

This comes amid group's bet on semiconductor, EV battery biz

Team of 80 people harmonising ops of 4 Tata airlines: Air India CEO

The Tata Group is consolidating its aviation business and merging four airlines into two

M&M promoter group entity sells 0.7% stake, Tata Chemicals gains 11%, more

Shares of Mukka Proteins, an aqua feed producer, surged more than 50 per cent during their trading debut on Thursday

Gujarat allots 188 acres for Tata group, CG Power semiconductor plants

Ground-breaking likely on Mar 13; incentives form 70% of project cost

Air India deboards female passenger at IGI after argument with crew members

A female business class passenger on an Air India flight to London was deboarded at the Delhi airport following an argument with cabin crew members this week. The incident happened on flight AI 161 on March 5 and the passenger involved was a senior corporate executive, according to sources in the know. In a statement, an Air India spokesperson said a passenger travelling in business class was off boarded on the advice of the captain following some argument with members of the crew before the scheduled pushback. "Following the off boarding, flight AI 161 departed after a delay of about an hour. The passenger who was off boarded was travelling for some compelling reasons and was accommodated on a subsequent flight following a written assurance," the spokesperson said. Further details about the incident could not be immediately ascertained. As many as 894 passengers were denied boarding by Air India in January and around Rs 98 lakh was spent by the airline on facilitation/ compensati

BigBasket eyes profitability in next 6-8 months, IPO in 2025: Hari Menon

Part of Tata Digital, the firm will turn profitable in another 6-8 months once the newly-launched 'BB Now' vertical turns profitable

Tata Sons listing: Tata Group stocks rally on hopes of value unlock

Automobile Corporation of Goa (ACG) gained the most at 14 per cent followed by Tata Chemicals and Tata Investment Corporation (TIC) at around 5 per cent each

Here's why you should keep an eye on Tata Motors shares on Tuesday, March 5

The board of Tata Motors Ltd (TML), after market hours on Monday, gave approval to a proposal to demerge the automobile maker into two separate listed companies